2PM ET 06/17/2026 Newscast

Summary

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Fox News Hourly Update: 2PM ET 06/17/2026 Newscast

Main Theme
This episode delivers the latest headlines on U.S. foreign policy announcements from the G7 summit, breaking economic news from the Federal Reserve, updates on a key Senate confirmation, and a lighthearted Broadway story—all in a fast-paced, straight-news format.

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Key Discussion Points & Insights

1. U.S.-Iran Deal Developments at the G7 Summit

• President Trump on Iran:

  • President Trump comments positively on a draft deal with Iran but stresses it is not finalized.
  • Warns that if Iran “doesn’t behave,” the U.S. will take swift action.
  • Quote: “If they're not behaving, they get hit again. You know, they'll be hit again because we can do it very easily.” (Donald Trump, 00:15)

• Deal Specifics:

  • U.S. officials outline the deal’s key features:
    • Protections for Lebanon's territorial integrity
    • New minimum standards for Iran’s high-enriched uranium
    • U.S. to waive (but not eliminate) major sanctions once the deal is signed

• Money & Sanctions:

  • Peter Doocy’s Report: Secures Trump’s first on-the-record remarks distinguishing giving Iran money vs. unfreezing assets.
  • Quote: “We have taken a lot of their money and we have their money. We have taken their money. It's not our money, it's their money and we froze it. At a certain point in time, I guess, yes, we're going to have to give it back.” (Donald Trump, 00:50)

• Upcoming Changes:

  • Weeks-long embargo set to end as oil sales may resume, meaning billions could flow to Iran soon. (Peter Doocy, 01:05)
  • The deal includes only a 60-day guarantee for free passage in the Strait of Hormuz, with signing set for Friday in Switzerland. (Carmen Roberts, 01:25)

2. Federal Reserve Announcement

• Breaking Economic News:
  • The Federal Reserve announces no change to interest rates; rates remain at 3.5–3.75%. (Carmen Roberts, 02:16)
  • Hints at possible rate cuts in the next meeting as part of ongoing efforts toward price stability.
  • Chairman Kevin Warsh is slated to release a statement at 2:30pm ET.

3. Senate Intelligence Nominee Hearing Delayed

• Jay Clayton’s Confirmation Postponed:

  • President Trump asks to delay Jay Clayton’s hearing for director of national intelligence (DNI).
  • Bill Pulte to remain as acting DNI, despite bipartisan questions about his credentials.
  • Quote: “And it was a rush act by the Democrats. All of a sudden they want to get. And why are they afraid of this guy? … they'll do anything not to have Pulte go in there.” (Donald Trump, 03:04)

• Democratic Opposition:

  • Pulte currently heads the Federal Housing Finance Agency
  • Democrats threaten to block FISA surveillance tools renewal unless Pulte is replaced. (Jared Halperin, 03:14)

4. Paddington Bear Heading to Broadway

• Musical Announcement:
  • “Paddington the Musical” will debut at the Al Hirschfeld Theater, previews starting March 30, 2027, with opening night April 18, 2027.
  • Lighthearted Moment:
    • Quote: “Marmalade, Mr. Brown. Go on, have a taste. Delicious.” (Donald Trump [Paddington character voice], 03:33)

5. Market Updates

• Stock Market Reaction:
  • Post-Fed announcement, the Dow rises 243 points after record closes.
  • Crude oil trades at $76.62/barrel.

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Notable Quotes & Memorable Moments

• On Iran and Sanctions:

  • “If they're not behaving, they get hit again. You know, they'll be hit again because we can do it very easily.”
    — Donald Trump, 00:15

  • “We have taken a lot of their money and we have their money. We have taken their money. It's not our money, it's their money and we froze it. At a certain point in time, I guess, yes, we're going to have to give it back.”
    — Donald Trump, 00:50

• On Senate Intelligence Director Controversy:

  • “And it was a rush act by the Democrats. All of a sudden they want to get. And why are they afraid of this guy? I mean, they're so afraid of him, they'll do anything not to have Pulte go in there.”
    — Donald Trump, 03:04

• Light Moment — Paddington Bear Musical:

  • “Marmalade, Mr. Brown. Go on, have a taste. Delicious.”
    — Donald Trump (as Paddington), 03:33

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Timestamps for Key Segments

• [00:03] — Iran Deal and Trump’s Statement
• [00:44] — Money and Sanctions Explanation
• [01:25] — Strait of Hormuz & Deal Signing Timeline
• [02:16] — Federal Reserve Rate Update
• [02:45] — Senate Intel Director Hearing Delayed
• [03:27] — Paddington Musical on Broadway
• [03:55] — Market Wrap-Up

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This episode succinctly covers high-stakes diplomacy, major economic decisions, political maneuverings in the Senate, and Broadway culture, maintaining FOX News’ signature no-nonsense, headline-driven delivery.

Transcript

[Carmen Roberts]

Trump hails the Iran deal. I'm Carmen Roberts, Fox News. But the president says it's not final yet. As he tells reporters at the G7 summit in France, they have to behave themselves.

[Donald Trump]

If they're not behaving, they get hit again. You know, they'll be hit again because we can do it very easily.

[Carmen Roberts]

And senior U.S. officials tell the AP that the draft deal includes, among other things, protections for Lebanon's territorial integrity along with new minimum standard for Iran's high enriched uranium. In return, the US Will move to waive but not eliminate some wide ranging sanctions against Iran once the deal is signed. Fox's Peter Doocy has more from the G7 summit.

[Peter Doocy]

I got the president to explain what the difference is between giving Iran money and unfreezing Iranian money.

[Donald Trump]

We have taken a lot of their money and we have their money. We have taken their money. It's not our money, it's their money and we froze it. At a certain point in time, I guess, yes, we're going to have to give it back.

[Peter Doocy]

That's the first time that we've heard that. It obviously comes after a weeks long embargo that was really, really straining the Iranian economy. And we are now within 48 hours or so of that changing and of billions of dollars starting to flow in possibly every day as the oil sales resume.

[Carmen Roberts]

And that agreement is securing a toll free passage of the Strait of Hormuz for only 60 days. It's set to be signed Friday in Swit. And this is a FOX News alert. The Federal Reserve has just issued a statement and says it is leaving the rates unchanged and that it will likely change ease rates on the next meeting. America's listening to Fox News.

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[Carmen Roberts]

Repeating our top story, the Federal Reserve just announced that it is leaving the key overnight interest rate unchanged in the 3 and a half to 3 and 3 quarter percent range and says the committee will deliver price stability. And Federal Reserve Chairman Kevin Warsh will have a statement at about 2:30 Eastern Time. Republican Senator Tom Cotton says the Senate is postponing the hearing for Jay Clayton to become director of national intelligence. Fox's Jared Halperin has more from Washington.

[Jared Halperin]

Hours before U.S. attorney Jay Clayton was scheduled to testify at a Senate confirmation hearing. President Trump announced he wanted a delay for his pick to be national intelligence director. Instead, the president plans to keep acting DNI Bill Pulte in place despite, quote, questions about his credentials from Democrats and Republicans.

[Donald Trump]

And it was a rush act by the Democrats. All of a sudden they want to get. And why are they afraid of this guy? I mean, they're so afraid of him, they'll do anything not to have Pulte go in there.

[Jared Halperin]

Pulte is the director of the Federal Housing Finance Agency. Democrats are threatening to block renewal of FISA surveillance tools until Pulte is replaced. At the White House, Jared Halpern, FOX News.

[Carmen Roberts]

A beloved bear is heading to Broadway bringing music, charm and marmalade. What's cooking?

[Donald Trump]

Marmalade, Mr. Brown. Go on, have a taste. Delicious.

[Michelle Palino]

Paddington is heading to New York. A musical about the marmalade loving bear is opening on Broadway in the spring of 2027. Paddington the Musical will play at the Al Hirschfeld Theater. It will begin performances March 30th ahead of opening night on April 18th.

[Carmen Roberts]

Fox's Michelle Palino reporting and checking markets after the Federal Reserve announcement. The Dow is up 243 points after back to back record closes Monday and Tuesday. Crude oil at 76, 62 a barrel. I'm Carmen Roberts. This is FOX News.